Remove Churn Rate Remove Conversion Remove Distribution Remove Retention
article thumbnail

Acquire New Users by Adding Growth Hacking to your Marketing Strategy

ConversionXL

Where Airbnb recognized the value in another platform, Dropbox doubled down on the strength of its product as a distribution channel. In the acquisition phase, measure these performance metrics: Customer acquisition cost Conversion rate Website traffic Click-through rate Bounce rate Quality of leads. The result?

Retention 113
article thumbnail

Product Design for SaaS Startups: Best Practices and Examples

ReadWriteStart

A SaaS UX design that is intuitive, efficient, and enjoyable can significantly impact user satisfaction, retention, and overall success. The brand name and logo are simple and memorable, and the brand voice and tone are conversational and engaging. Investing in UX design can also help differentiate your product from competitors.

Design 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Critical Key Performance Indicators (KPIs) for Founders

Up and Running

Customer churn rate: shows the percentage of customers lost in a given period (e.g., Revenue growth rate: measures the month-over-month percentage increase in revenue and is the most common and important metric for startups. Conversion funnel: shows how prospects advance through the marketing funnel in a specific duration.

Founder 71
article thumbnail

The Beginner’s Guide to SaaS Conversion Optimization

ConversionXL

When we talk about conversion optimization , much of the strategies remain the same across industries. That said, there are some key differences in how experts approach SaaS conversion optimization. Reducing churn rate. Making sure the leads are appropriate for your offer. Measuring and optimizing in-product activity.

article thumbnail

Turing Distinguished Leader Series: With Partner David Zhang, TVC

ReadWriteStart

We’ll have a fun conversation over the next 40-45 minutes. But stuff like retention is super important. So how sticky are your customers, and can you break that down to customer retention? You can break that down into the inverse of that churn. The churn rate increased, and then the stock plummeted by 70 percent.

Partner 132
article thumbnail

3 Tips For Incorporating The Digital Marketing Metrics You Need

YoungUpstarts

A lot of businesses historically focus on cost per impressions, clicks, or conversions, but they lack the insight to tie those conversions back to money spent. To calculate your ROAS , simply divide revenue by spend , and you’re on your way to understanding how much each conversion is actually worth. Connecting ROAS and LTV.

Metrics 100
article thumbnail

Crazy! 189 Answers To The Top Startup Questions On Your Mind

maplebutter.com

Product/Metrics (70%/30% time) * Get your product activation (sign-up + meaningful action) to 60% * then, Get your product retention to 20% weekly. At the end of the conversation, ask them if they’d be willing to make an introduction. 1 page website w/ simple checkout, then add things as you feel it’ll help increase conversions.